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Tech-Industry Veteran Belluzzo
To Take Over as Quantum CEO

By

Rebecca Buckman and

Joann S. LublinStaff Reporters of The Wall Street Journal

Updated Aug. 1, 2002 4:55 p.m. ET

A small but well known Silicon Valley data-storage company, Quantum Corp., has snagged a high-profile executive as its new CEO: Rick Belluzzo, former president and chief operating officer of Microsoft Corp.

Quantum, Milpitas, Calif., announced Mr. Belluzzo's hiring Thursday. While the appointment could be a public-relations boon for Quantum -- which struggled in the volatile disk-drive market before selling off that part of its business last year -- it also reflects today's tough job market, even for top-level executives used...